PERAC Memo #34 - 1997: 91A Update

91A Update

Summary

PERAC Memo #34/1997 updates boards on its ongoing review of Section 91A earnings limits for disability retirees, noting that follow-up letters and 1996 Annual Statement of Earnings forms have been sent directly to affected members (those with excess earnings or requiring further information), due back to PERAC by October 20, 1997. No board action is required at this time; PERAC will separately notify boards of any members found to exceed earnings limits and instruct on next steps.

Full Text

PERAC MEMO #34/1997 M E M O R A N D U M TO:All Retirement Boards FROM:Joseph E. Connarton, Deputy Executive Director RE:91A Update DATE:October 9, 1997 This is to inform you with respect to PERAC’s activities in the ongoing process in obtaining information pertaining to Disability Retirees and their earnings in the calendar year 1996. PERAC has sent letters along with a 1996 Annual Statement of Earnings Follow-up form to be completed and returned to PERAC by October 20, 1997. In addition to the members who have excess earnings, these letters have also been sent to members from whom further information is required. Your board does not need to take any action at this time. PERAC will be notifying you of any and all members who are in excess of their allowed earnings, and will be advised of what actions are to be taken. Thank you for your attention in this matter. p:penfraud\earnings\memoupda.doc